2/60 Caves Beach RoadCaves Beach NSW 2281
Property Details for 2/60 Caves Beach Rd, Caves Beach
2/60 Caves Beach Rd, Caves Beach is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2014. The property has a land size of 1378m2. While the property is not currently for sale or for rent, it was last sold in March 2015.
Last Listing description (April 2019)
Rarely does an opportunity come up where you can buy 2 properties on 1 title, let alone a property with both residential and commercial components, if you are a straight forward investor, the dual incomes and 1 lot of outgoings should be more than enough to get you excited. Promising a wonderful, open plan ground floor apartment lifestyle, with high end inclusions and finishes, self-funded retirees, weekender purchasers and first home buyers will all very much appreciate the extra income the commercial space provides, letting them enjoy delightful but also affordable apartment living right in the heart of Caves' vibrant shops, cafe and restaurant scene, within easy strolling distance of the beach, resort hotel's restaurant and bars ...
- The original display apartment, this residence boasts higher specs than many others
- 40mm Caesar-stone waterfall-edge island with glass wine fridge & soft close joinery
- The master suite features great walk in robe storage & its own very elegant ensuite
- Plantation shutters & fan lights feature in both bedrooms with built in robes in No. 2
- A full width rear covered deck spills off the open living out to a great size courtyard
- The pets & kids friendly courtyard has a dedicated slab in place for a pergola or spa
- Separate access is available to both the residential apartment & commercial space
- The commercial space enjoys a great street frontage & a tenant is already in place
- Collect $442 net of GST pw from the commercial tenant & live in the rear apartment
- Alternatively rent out or holiday let the gorgeous rear apartment when it suits you to
- Stroll to shops, retiree/wheelchair friendly lift access to 2 car spaces under building
Considering the income potential here is over $900 per week net of GST and it's spread over 2 properties with the safety of your return coming from 2 separate tenants, this is an undeniably a great investment opportunity. The fact that there is a residential and commercial component to the property means it offers so many more options for those who are not straight forward investors too, who would love a modern apartment here in the heart of captivating Caves Beach as well as an income ....
Property History for 2/60 Caves Beach Rd, Caves Beach, NSW 2281
- 12 Sep 2018Listed for Sale BER $750,000-$790,000
- 11 Mar 2015Sold for $400,000
- 17 Feb 2015Listed for Sale $410,000
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0About Caves Beach 2281
The size of Caves Beach is approximately 2.6 square kilometres. It has 7 parks covering nearly 27.4% of total area. The population of Caves Beach in 2011 was 3,935 people. By 2016 the population was 4,053 showing a population growth of 3.0% in the area during that time. The predominant age group in Caves Beach is 50-59 years. Households in Caves Beach are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Caves Beach work in a professional occupation. In 2011, 78% of the homes in Caves Beach were owner-occupied compared with 80.4% in 2016.
Caves Beach has 1,968 properties. Over the last 5 years, Houses in Caves Beach have seen a 73.19% increase in median value, while Units have seen a 61.24% increase. As at 31 October 2024:
- The median value for Houses in Caves Beach is $1,217,118 while the median value for Units is $875,402.
- Houses have a median rent of $788 while Units have a median rent of $550.
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